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Prepared by: Bolton & Menk, Inc. <br />Pavement Management Plan ǀ City of Lake Elmo Page 10 <br />V. STREET CAPITAL IMPROVEMENT PLAN (CIP) <br />The 10-year Street CIP Planning Map for 2026-2035 is included in Appendix C of this Report and the Plan <br />Costs are further detailed in Appendix D. The city maintains a 10-year Street CIP that presents an overview <br />of the scheduled capital street projects necessary to address pavements that have or are projected to <br />exceed their useful service life and can no longer be effectively maintained. Streets that have exceeded <br />their life expectancy are programed for reclamation or reconstruction. <br />The Street CIP also includes collector street improvements that may be needed to address transportation <br />capacity limitations, support growth and development, and to participate in cost sharing for the County <br />and State roadway system. The 10-year horizon of the CIP provides the city with an opportunity to <br />evaluate project priorities annually and to adjust the timing, scope, and cost of projects as new <br />information becomes available. <br />The 10-year CIP plan estimates $26.7 million for the reconstruction of the local streets, $12.6 million for <br />collector street improvements, and $8.3 million in cost participation for County Roadways. <br /> <br />